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IonQ (IONQ) Cost of Revenue: 2020-2024

Historic Cost of Revenue for IonQ (IONQ) over the last 5 years, with Dec 2024 value amounting to $28.4 million.

  • IonQ's Cost of Revenue rose 220.56% to $21.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $49.7 million, marking a year-over-year increase of 87.78%. This contributed to the annual value of $28.4 million for FY2024, which is 55.42% up from last year.
  • IonQ's Cost of Revenue amounted to $28.4 million in FY2024, which was up 55.42% from $18.3 million recorded in FY2023.
  • Over the past 5 years, IonQ's Cost of Revenue peaked at $28.4 million during FY2024, and registered a low of $486,000 during FY2020.
  • Over the past 3 years, IonQ's median Cost of Revenue value was $18.3 million (recorded in 2023), while the average stood at $18.4 million.
  • Data for IonQ's Cost of Revenue shows a peak YoY spiked of 565.23% (in 2021) over the last 5 years.
  • Yearly analysis of 5 years shows IonQ's Cost of Revenue stood at $486,000 in 2020, then soared by 565.23% to $3.2 million in 2021, then soared by 159.36% to $8.4 million in 2022, then spiked by 117.89% to $18.3 million in 2023, then spiked by 55.42% to $28.4 million in 2024.